Nokia Corporation ANNOUNCEMENT 31.05.2007 SHARE REPURCHASE 31.05.2007 In the Helsinki Stock Exchange Trade date 31.05.2007 Bourse trade BUY Share NOK1V Amount 990 000 shares Total cost 20 243 520 EUR Average price / share 20.4480 EUR Highest price / share 20.52 EUR Lowest price / share 20.32 EUR Nokia Corporation now holds 29 436 398 shares including the shares repurchased on 31.05.2007 On behalf of Nokia Corporation Crédit Agricole Cheuvreux Nordic AB Björn Sandberg Michael Bernander